Italy

BMI View: Italy has introduced a new decree that would ease its 2010 ban on offshore drilling, subject to ratification from the country's parliament. This change would please existing... 2012-06-28

BMI View: Eni's decision to cut back production at its Gela Refinery reinforces our bleak outlook for European refineries. European refineries in the Mediterranean have been particularly... 2012-04-18

BMI View: Eni has obtained a US$700mn retroactive price cut from Gazprom in what is only the latest in a number of concessions made by the Russian gas export monopoly to its European... 2012-03-07

Like many other integrated oil companies, high prices lifted Eni's upstream profits during 2011 while its downstream businesses continue to suffer. The bottom line was 9.1% higher overall... 2012-02-15

The hierarchy of our Developed states O&G Risk/Rewards Ratings is not surprising. The top is dominated by the largest producers, all exhibiting big reserves potential, albeit... 2012-01-11

BMI View: Italy's new legislative draft shows that the country - desperate for cash - is hoping that successful offshore exploration could reduce its energy import bill. Given burgeoning... 2011-10-11

Independent Italian refiner Saras has announced a net loss of EUR40.6mn (US$58.3mn) in Q211 due to weaker refining margins influenced by the loss of crude oil supplies from Libya.